Feb 17, 2013 6:30pm EST
is happening to the jobs being created in wind and solar and waves and algae technology? what's going to happen to the electric car. no. we need to say yes to science and technology, yes to our health and our future. yes to local economies being able to sustain and say yes, we have clean water, we have vegetables, we have meat that is not -- animals that are not dying and fish not rising to the top of the lakes because of ground water coming up with methane and all the chemicals, most of which we don't even have disclosed to us to know. no gag orders on us to tell us. this is what we need. we need transparency. we need real information. we don't need the same advertising companies who told us it was ok to smoke and hospitals telling us that fracking is safe. no. we didn't believe you then. we don't believe you now. no fracking, no tar sands, yes on innovative technology for our future. we're not inheriting trillions of dollars of debt and water we can't drink. food we can't eat. no. so thank you so much for making this issue front and center, making sure that he understands and all the other le
Feb 17, 2013 10:30am EST
the research and technology that helps natural gas burn even cleaner and protects our air and water. indeed, much of our new-found energy is drawn from lands and waters that we, the public, own together. so tonight, i propose we use some of our oil and gas revenues to fund an energy security trust that will drive new research and technology to shift our cars and trucks off oil for good. if a non-partisan coalition of ceos and retired generals and admirals can get behind this idea, then so can we. let's take their advice and free our families and businesses from the painful spikes in gas prices we've put up with for far too long. i'm also issuing a new goal for america -- let's cut in half the energy wasted by our homes and businesses over the next twenty years. [applause] the states with the best ideas to create jobs and lower energy bills by constructing more efficient buildings will receive federal support to help make it happen. america's energy sector is just one part of an aging infrastructure badly in need of repair. ask any ceo where they'd rather locate and hire -- a country with de
Feb 17, 2013 2:00pm EST
. it does not in reaction to a more peaceful world. it is not due to a breakthrough in military technology or strategic insight. it is not because paths in entitlement has been explored and exhausted. it is not because sequestration was a plan ever plan to be implemented. this is the collateral damage of political gridlock. for the troops, the consequences are very real and very personal. the president has indicated his intentions to spare military compensation from sequestration. that is a very good decision. it is one that we intend to carry out. make no mistake -- the troops will fill this directly. i will give you the principal example. there are many. we will need to sharply curtail training in all the services. for example, a brigade combat team that has returned from afghanistan that is used to being tiptop ready. that is what matters to this profession. the army reports two thirds of its brigade combat teams will be at reduced readiness by year's end. to do the same with the air force and so forth. it will have a big effect for people in uniform. also civilians, and people think do
Feb 18, 2013 2:00am EST
employees for front line positions and also would permit us importantly to continue investing in technology initiatives that substantially and cost effectively allow us to improve our ability to police the markets. as you know, regardless of the amount appropriated our budget will be fully offset by fees we collect and will not impact the nation's budget deficit. as the commission strives to complete our remaining tasks, we look forward to working with this committee and others to adopt rules that will fill our mission of protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation. thank you again for inviting me to share with you our progress to date and our plans going forward. i look forward to answering your questions. >> thank you. >> thank you, chairman johnson and members of the committee. i want to first just associate myself with governor turillo's comments about wishing you well on this valentine's day but also his comments about the administrative procedures act. i think we've all benefited at the cftc by the 39,000 comments that we'